However, a lot of concerns can be mitigated with looking at their past rental behavior in a lot of different settings.

Is there any other ways to finance that would allow me to sell the mobile home in a few years and not be stuck with it for the life of the loan? 

The only thing I would say in a area that is cheap is flip it wash your hands of it ASAP .

In a text book case you'd buy a property for half of its ARV (after repair value) and then spend 25% of ARV on rehab and generate 25% equity.

It all comes down to comps in a given neighborhood.

However, this could also portend our own situation in a year's time if we take them. 

Pro tip--make sure your exhaust fan in the bathroom is vented to the atmosphere--meaning out to the outside.....go out the roof or out the side of the unit or secured to an opening in a soffit vent grille off the house. 

Quote from @Sofia De Santos Tavarez: Hello, my husband and I are looking to do our first rehab in a different city than where we live (we live in Austin and looking to buy in El Paso), and are wondering how one determines and writes a scope of work and determine what material to buy for what.

In case you haven’t read the previous responses or haven’t walked a mile in a landlord’s shoes. 90%+ of your problems are caused by your local/state government that you seem to be giving a free pass.

With some of my clients, I've seen discounts of 30% to 90%.Here is a real-life example: I invested in a $50K note; it was second TD but with significant equity (over $200K) protecting my investment.